Singapore's Sing Investments & Finance H1 net profit rises on interest income growth

Sing Investments & Finance

04/08/2026 10:51

Overview
Singapore finance company reported record net profit for first half, up 16% yr/yr
Total income for first half rose 13% yr/yr, driven by higher net interest income
Operating costs increased 6% yr/yr, mainly due to higher staff expenses

Outlook
Company says it will maintain strong capital position amid global uncertainties

Result Drivers
NET INTEREST INCOME - Co said record net profit was underpinned by strong net interest income, which grew 17% yr/yr
CUSTOMER LOAN GROWTH - Co attributed NII growth to 10% yr/yr increase in customer loans and wider net interest margin
HIGHER OPERATING COSTS - Operating costs rose 6% yr/yr, mainly due to higher staff expenses

Company press release: ID:nSN1Pl2Fl

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Total income
 
S$46.20 mln
 
H1 Net Profit
 
S$25.20 mln
 
H1 Net Interest Income
 
S$41.60 mln
 

Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Sing Investments & Finance Ltd is S$2.11, about 33.5% above its August 3 closing price of S$1.58
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

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Aug 3 - MUFG's first-quarter profit climbs 48% on higher loan margins

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)